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Silver junior moving up to mid tier? Best of the Boards/Blogs

Stockhouse Editorial
0 Comments| March 15, 2012

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Top Bullboards post:

“Sometimes I think we do not realize what a jewel we have in La Mancha. Will give you an example. Today I asked a friend of mine who used to own LMA at one point or another to compare Inmet with La Mancha. After pondering for a while, he stated that he failed to see any common grounds between these two. Then he remarked something to the effect that anyone knows that Inmet is one of the world's richest copper producers. I asked what did he think about copper LMA owns in Sudan. He was genuinely surprised to learn that La Mancha is sitting potentially on MILLIONS of tons of copper thus bringing the comparison to Inmet. Inmet and La Mancha have two other things going on for them - One, they have beautifully tight share float and boast a lot of cash. I will repeat myself by putting on record that, LMA valuation, solely on reported indicated and inferred resources, based on only 2 out of the 12 properties drilled so far, LMA share price should be $12. And that does not count Frog's Leg and other Australian operations neither the Ivory Coast mine and prospective properties. All and all, I will not be surprised to see another $5 on top of Sudanese operations. One more thing. Inmet is in the process of PEA and pre feasibility studies on their huge Panama based copper mine. The estimated project Capex varies from a couple to six BILLION $. To develop its VMS project in its entirety, LMA is looking at several BILLION $ and there are only few commercial interests capable of raising such sum. My first pick on this very short list of candidates is a Chinese- backed entity.”From ak27 on the La Mancha Resources (TSX: T.LMA, Stock Forum) board.

Top Bullboard:

Great Western Minerals Group (TSX: V.GWG, Stock Forum) received the most reads and the second-most posts.

Top blog:

Boot1 believes this silver junior is set to move up to mid-tier status in The Lunar Metal blog.



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